Details Of Yahoo! (YHOO) Break-Up From Bernstein Research
24/7 Wall St. has obtained a copy of the Bernstein Research report on the break-up of Yahoo!. The first model done by Bernstein assume that the company is broken into three parts. The first…
All Work
Douglas A. McIntyre
Bernstein Calls For Yahoo! (YHOO) Break-Up
Sanford C. Bernstein & Co. analysts want Yahoo! (YHOO) management to break-up the company, and believe that such a move would create a $39 price for shareholders. The stock now trades just above $27.…
Big Sallie Mae (SLM) Shareholders Willing To Fight For Buy-Out
When JC Flowers waked away from its $60 bid for Sallie Mae (SLM) and then returned with a lower bid, Wall St. questioned whether the company’s board had any recourse. Take the lesser deal…
Europe Markets 10/5/2007
Markets in Europe were mixed at 6.20 AM New York time. The FTSE rose .3% to 6,566. BP (BP) was up 1.8% to 572.5. Nothern Rock was down 3.6% to 155.9. The DAXX was…
ABN Amro (ABN): The Last Big Bank Deal
It appears that the group lead by Royal Bank of Scotland has won the right to buy bank ABN Amro (ABN) for $101 billion. RBS and buy-out partners Fortis and Banco Santander will break…
Pfizer (PFE) Finally Gets The Message
For Pfizer, it has been a long and painful fall. In early 2004, its shares were just below $39. It was the age of Big Pharma. Most of the big drugs had not gone…
Media Digest 10/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices. The Wall…
Media Digest 10/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices. The Wall…
Asia Markets 10/5/2007
Markets in Asia were mixed. The Nikkei fell .2% to 17,065. Casio fell 19.1% to 1272. Softbank rose 5.4% to 2360. Yahoo Japan rose 4.1% to 51000. The Hang Seng rose 2.4% to 27,624.…
Forget $300 Million Already…Halo 3 Will See $500 Million Very Soon (MSFT, GME, ERTS, TTWO)
Microsoft (NASDAQ:MSFT) has generated over $300 million in sales from Halo 3 titles in the first week alone, with $59.95 of that being from me. There were more than 1.7 million copies pre-ordered, which…
Has Alcatel-Lucent (ALU) Lost More Business?
The FT is reporting that Alcatel-Lucent (ALU) may have lost a big piece of the AT&T (T) wireless business. According to the paper "Ericsson is capitalising on Alcatel-Lucent’s severe difficulties to strengthen its leading…
Will Level 3 (LVLT) Drive Down Akamai (AKAM) Margins
Alley Insider is reporting that as Level 3 (LVLT) moves into the content delivery network business dominated by Akamai (AKAM) that it will undercut what the industry charges most clients by a significant amount.…
Cramer’s Grocery Pick (KR, WFMI, SVU)
On tonight’s MAD MONEY on CNBC, Jim Cramer said he still thinks the supermarket stocks are cheap but some deserve to be cheap. His pick in the sector is Kroger (NYSE:KR). He liks the…
ETF Winners & Losers (October 4, 2007)
Today was a very mixed bag with the ETF’s that track various sectors and markets. We saw commodity and foreign market ETF’s leading the pack. As always, we have removed the obvious leveraged ETF’s…
Sprint (S) To Get New CEO
The pressure of poor performance and a falling share price finally got to Sprint’s (S) board of directors. CEO Gary Forsee is being forced out, and the company will begin looking for a replacement.…
The 52-Week Low Club
King Pharmaceuticals (KG) Still falling after selling off assets. Down to $10.96 from 52-week high of $22.25. NutriSystem (NTRI) Bad earnings. Falls to $30.60 from 52-week high of $76.20. Isilon Systems (ISLN) Weak forecast.…
Reviewing Battered IPO’s: Superior Offshore (DEEP)
There is one fairly new small cap oil and energy company that keeps coming up in discussions over and over locally in Houston: Superior Offshore International Inc. (NASDAQ:DEEP). The company is a fairly recent…
More Lead Paint Recalls of Public Company Products (DIS, ENR)
The U.S. Consumer Product Safety Commission (CPSC) has announced more toy recalls today for lead paint violations. There is a full list of product recalls here, but interestingly enough this may actually have an…
Simon Says, “More Credit” (SPG)
Simon Property Group (NYSE:SPG) announced it successfully increased its revolving credit facility from $3.0 Billion to a higher $3.5 Billion, which includes an $875 million multi-currency tranche. The company said the extra $500 million…
Can Research in Motion Earnings Match Stock Gains? (RIMM)
Research-in-Motion (NASDAQ:RIMM) is set to report earnings today after the stock market closes, and First Call estimates are $0.50 EPS and $1.36 Billion in revenues. Keep in mind that the consensus estimate moved up…